Trading ceases at 17:30 CET on the third Friday of the expiry month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday

6, 12, 18, 24 months half yearly (of the June and December cycle). See the document "Expiry Months Listed Per Class" in "Related documentation" to find out which expiry months are listed per class.

Option style

European styleHolders of long positions are only entitled to exercise their options on the expiration date.

Settlement

Physical delivery of 10 shares (or other such number of shares as determined by the terms of the contract) through the settlement system of LCH SA.

Settlement day

Two business days after the exercise day

Contract Size

One option normally equals rights over 10 underlying shares

Apart from exceptions or temporary adjustments for corporate actions.
On the Last Trading Day, in-the-money options are automatically exercised, unless contrary instructions are received from the client/member. Please check the exact exercise rules with your broker.

In the United States these products may only be offered and sold to prescribed entities under specified conditions.